With the advancement in technology and medicine people, today tend to live much longer lives. As a result, the proportion of older people steadily increased. This leads to the ongoing debate about whether this has more positive or negative effects for society. This essay will further elaborate both arguments along with appropriate examples.

When an individual reaches an age where they are not able to support their own living, the government provides financial assistance in the form of welfare payments, which are collected from tax. So more increasing number of old people results in a collection of more tax in order to support them. For instance, if the quantity of senior individuals doubles in an exceedingly year, then taxpayers might have to pay the double amount in the following year to support the welfare of this older population. This is a negative effect on the young generation.

However, it is also acknowledged that elders are valuable assets to society. They are always with good experience and knowledge and are capable of imparting important values. The young generation needs to acquire these values. An example of this can be commonly found when a troubled youth needs advice or suggestion from a person who is much older than them. Seniors give suggestions and culture to the next generation, Therefore; older people have significant positive effects on the society and individuals.

In conclusion, we can say that the benefits the elderly population provide far outweigh the drawbacks. Older generation are the backbone of our society.